Grace pushes JSE market value higher


Trading activity on the Jamaica Stock Exchange Main Market declined on Monday, with the volume of stocks traded falling by 37 percent compared to Friday. The total value of trades surged by a solid 288 percent, with Grace Kennedy delivering the bulk of the sum, following trading in 60 securities, up from 56 on Friday. At the close, 24 stocks advanced, 22 declined, and 14 remained unchanged after Jamaica Broilers, JMMB Group and Salada Foods hit 52 weeks intraday lows and Caribbean Cement hit an intraday 52 weeks high.

Total volume of stocks traded was 14,728,053 shares, with a total value traded of $264,196,081, in comparison to 23,221,916 shares valued at $68,128,306.
The Average traded volume was 245,468 shares at an average trade value of $4,403,268, compared to Friday’s averages 414,677 shares at $1,216,577.
Month-to-date, the average stands at 174,975 units at $1,458,279 compared with 167,463 shares at $1,144,426 on the previous day. For October, the average of stocks traded was 210,503 shares at $1,467,012.
Top Traded Stocks include:

  • Transjamaican Highway: 5.09 million shares, with 34.6 percent of total volume.
  • Wigton Energy: 2.81 million shares with 19.1 percent of the market trades.
  • GraceKennedy: 2.57 million shares with 17.5 percent of the overall volume.
  • JMMB 9.5 percent: 1.12 million shares for 7.6 percent of market share.

The All Jamaican Composite Index jumped 1,889.47 points to wrap up trading at 357,241.90, the JSE Main Index rose 1,075.02 points to conclude trading at 312,472.99 and the JSE Financial Index sank 0.61 points to finish at 62.97. At the close, the Investor’s Choice bid-offer indicator shows nine stocks ending with bids higher than their last selling prices and five with lower offers.
The Main Market ended trading with an average PE Ratio of 13.7. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2026.
At the close of a day of active trading, AS Bryden popped $3.50 and ended at $34.50 with traders dealing in 15 shares, Barita Investments shed 59 cents to $77.90 with 557 stocks clearing the market, Caribbean Cement lost $3.89 to finish at $100.11 in trading 135,568 units, after the price hit a high of $121, triggering the circuit breaker. At the close, there was minimal stocks on offer. Caribbean Producers increased 52 cents to close at $7.64 with 3,554 shares crossing the exchange, Eppley climbed $1 to end at $35 with a transfer of 5,727 stock units, Eppley Caribbean Property Fund skidded $2 in closing at $40 after trading of 1,034 shares. General Accident sank 60 cents to $6.20 as traders exchanged 1,001 units, GraceKennedy rose $3.46 to finish at $72.45 with investors trading 2,572,647 stocks, Guardian Holdings dropped $25.90 and ended at $320.10 with 55 stock units crossing the market. Jamaica Producers sank 53 cents to end at $22 after an exchange of 290,668 shares, JMMB Group gained $1.21 in closing at $18 with 318,800 stock units changing hands, Kingston Properties rallied 85 cents to close at $9 after an exchange of 2,758 units. Lasco Manufacturing dipped 44 cents to $6 with 547,815 stocks crossing the market, Massy Holdings advanced $1 to end at $76 as investors exchanged 13,047 shares, Sagicor Group rose 71 cents in closing at $40, with an exchange of 3,221 stock units. Sagicor Real Estate Fund gained 51 cents to finish at $7.50 with an exchange of 300 units, Seprod fell $1.95 and ended at $80 with 3,978 stocks passing through the market, Supreme Ventures popped 55 cents to close at $18 with investors dealing in 33,706 units and Sygnus Real Estate Finance increased by 90 cents to $9.40 in an exchange of 51,785 shares.
In the preference segment, 138 Student Living preference share climbed $31.45 and ended at $255 with investors trading 16 stock units, Sygnus Credit Investments 10 percent declined $2 to end at $106 with 1,837 stocks switching owners and Sygnus Credit Investments C10.5% slipped $3.90 in closing at $101 after a transfer of 1,131 shares.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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